Shares of CES Energy Solutions Corp (TSE:CEU) have been given an average rating of “Buy” by the six research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$8.67.

A number of equities analysts have issued reports on the company. Raymond James Financial, Inc. lifted their price target on CES Energy Solutions Corp from C$7.50 to C$8.75 and gave the company a “strong-buy” rating in a research note on Friday, May 19th. Canaccord Genuity lifted their price target on CES Energy Solutions Corp from C$7.50 to C$10.00 in a research note on Tuesday, July 11th.

Shares of CES Energy Solutions Corp (CEU) traded up 0.34% on Friday, reaching $5.82. The company had a trading volume of 966,975 shares. CES Energy Solutions Corp has a 12 month low of $4.46 and a 12 month high of $8.65. The stock’s market cap is $1.55 billion. The stock has a 50-day moving average price of $5.50 and a 200-day moving average price of $6.33.

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In other news, Director Thomas James Simons sold 152,455 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of C$5.35, for a total value of C$815,634.25. Also, Director Donald Michael Godfre Stewart sold 15,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of C$5.20, for a total value of C$80,600.00. Insiders sold a total of 335,002 shares of company stock worth $1,800,736 in the last 90 days.

CES Energy Solutions Corp Company Profile

CES Energy Solutions Corp, formerly Canadian Energy Services & Technology Corp, is a Canada-based provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. The Company offers total solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

Analyst Recommendations for CES Energy Solutions Corp (TSE:CEU)

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